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Dec 4, 2012
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or in the course of the election? >> no. i support the president totally but no, i think it's still in a, for lack of a better term, in a class warfare mode, on both sides. on both sides. and i think that bringing it home, thinking about what you're really going to tell that person in the aisle of a wal-mart or a waffle house or wherever you see them about this really takes, you can take a lot of the sting out of this thing by -- there's other people here who have political things that may or may not have raised taxes but the secret was give them something for what it is you're asking more. not just the mons for the nashville or the mons for the washington wants more of your money. >> i agree, governor, that makes great sense. one area that should work is road improvements and highway improvements. simpson bowles suggested raising the gas tax 15.5%. highway trust fund is in a negative balance. it's taken from the general fund, which it isn't supposed to do but you have universal opposition to raising the gas tax. it m
or in the course of the election? >> no. i support the president totally but no, i think it's still in a, for lack of a better term, in a class warfare mode, on both sides. on both sides. and i think that bringing it home, thinking about what you're really going to tell that person in the aisle of a wal-mart or a waffle house or wherever you see them about this really takes, you can take a lot of the sting out of this thing by -- there's other people here who have political things that...
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Dec 10, 2012
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2016 election. assuming they get a good candidate. >> i teach history at northern virginia community college. do you see any parallel between the whig party, which tried to be all things to all people, leaderless, and ironically the upstart, regional, singular issue focused new republican party. is the current republican party going to go the way of the whigs? >> i doubt that. there were a very weak party. the party developed as an anti- jackson party. that was about it. it won two presidential elections by mimicking the democrats. they were a national party. they ran in the south but they were torn apart by the slavery issue. the republican party and the whig party have that much in common. the republicans have been around and are deeply entrenched. but you do ask a good question -- where are the republicans going to get those votes to turn themselves into a majority party? ronald reagan did not really succeed in doing that and he had a very successful administration. one thing i learned in looking
2016 election. assuming they get a good candidate. >> i teach history at northern virginia community college. do you see any parallel between the whig party, which tried to be all things to all people, leaderless, and ironically the upstart, regional, singular issue focused new republican party. is the current republican party going to go the way of the whigs? >> i doubt that. there were a very weak party. the party developed as an anti- jackson party. that was about it. it won two...
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Dec 4, 2012
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as an elected official. i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one areif, if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to washington will be used there instead of new spending or broken spending programs. the lessons we look from that/ you need to find ways to dedicate the revenue projections and have enforcement mechanisms to make sure that any plan, all this proposal stay on track and are used for what they are intended to do, because there's not much trust if what you are linking it to is reducing the deficit. >> you can continue to what's this event online at c-span.org. we are leaving now as the house is gambling in for what will likely be a short
as an elected official. i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one areif, if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to...
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Dec 5, 2012
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>> it was an election and it was a very close election. if you look at the nims and the differences between the two. i think the republican party can do a better job of limited government and freep enterprise movement and connect those policies. >> why has there been a failure to connect? >> i'm not sure there is one reason for it and i haven't had time to think about it why it has happened but it needs to happen. the principles we stand for, free enterprise and limited government is the only way to stabilize and grow our middle class which i hope every american can attain. >> how worried are you about the republican chances -- >> you mean from the voters' perspective. the demographic changes? i don't think any voter in america -- there are voters that are locked into one party or the other but the fastest growing group is people who vote for candidates and not parties and people understand the issues and hopes that they have and offer real and concrete policy situations and real role for government to play in addressing those angst yits t
>> it was an election and it was a very close election. if you look at the nims and the differences between the two. i think the republican party can do a better job of limited government and freep enterprise movement and connect those policies. >> why has there been a failure to connect? >> i'm not sure there is one reason for it and i haven't had time to think about it why it has happened but it needs to happen. the principles we stand for, free enterprise and limited...
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Dec 4, 2012
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they re-elected the president. the president ran on an agenda of giving a tax break to 98% of the american people, and that opportunity is before us. the senate has worked their will. it's now our opportunity to do that before the holiday season is over. the expression time is fleeting has never been more apropos than it is today. we have very few working days left in this 112th congress to actually act upon what the american people want us to do, and we have even fewer days now that the house republican leadership has reduced the working days this week. we can still get this done, but it's going to take an effort to work, as i said before, as the american people want us to do in a bipartisan way to move forward. and i know that we have the opportunity to really accept the agenda straight today, and with that i'll turn it back to the chair, mr. larson. >> well, thank you, joe, and without further ado let me introduce the individual that's spear heading this effort from the great state of minnesota, tim walz, affect
they re-elected the president. the president ran on an agenda of giving a tax break to 98% of the american people, and that opportunity is before us. the senate has worked their will. it's now our opportunity to do that before the holiday season is over. the expression time is fleeting has never been more apropos than it is today. we have very few working days left in this 112th congress to actually act upon what the american people want us to do, and we have even fewer days now that the house...
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Dec 6, 2012
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just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing administration have been well-known. during the housing boom, the f.h.a. unweissly, i thought, guaranteed -- unwisely, i thought, guaranteed millions of risky mortgages with low down payments to borrowers with poor credit scores. we are reaping that now. these mortgages have resulted in billions of losses to the f.h.a. the federal housing administration has made matters worse, i think, by failing to come to grips with the magnitude, mr. secretary, of the problems. back in 2007, as the federal housing administration's poor financial position was becoming clear to
just days after the president's re-election, the f.h.a. released its 2012 actuarial report which revealed that the economic value of the f.h.a. fund has fallen to negative $16 billion. a lot of money. that means the fund's capital reserve ratio, as i understand it, now stands at a negative 1.44%. this news is obviously very disturbing to us and to the secretary. for those of us who have long been concerned about the health of the f.h.a. for years the problems of the federal housing...
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Dec 6, 2012
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elections. >> good morning everyone. thank you, bob, for that introduction and thank you all of you for coming out early this morning for what i think will be a lively debate. we are going to be asking the question if democracy is to triumph in the middle east, victories at the ballot box are inavoidable and essential. this is the motion we will be debating in the intelligence-squared format per requests from our panelists who have done this once already -- they have had a practice round. they have not had a chance of doing this, but i suspect, had probably had several scotches and talked about ways to defeat their foes. we know that this is a time of revolution in the middle east. it started with a fruit sell seller in tunisia and toppled a 230-year dictator that spread to egypt and the egyptian revolution was concern to the united states. egypt has long held incredible importance to u.s. policy in the middle east. the u.s. reaction to that revolution was unclear. there were some that said this
elections. >> good morning everyone. thank you, bob, for that introduction and thank you all of you for coming out early this morning for what i think will be a lively debate. we are going to be asking the question if democracy is to triumph in the middle east, victories at the ballot box are inavoidable and essential. this is the motion we will be debating in the intelligence-squared format per requests from our panelists who have done this once already -- they have had a practice round....
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Dec 10, 2012
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month since the election came to an end. it is now safe for you to turn your television is back on. all the scary political ads are off the air. you can answer your phone again. no one is calling you in the middle of dinner asking for your support. i have to admit. there is one part of the campaign i miss. it is a great excuse for me to get out of washington and comes to town like this and talk to people who work so hard every day looking out for their families and communities in just having a conversation about what kind of country we want to be. what kind of country do we want to leave behind for our kids. ultimately, that is what this is about. i believe and i have been saying this not just for the last six months or year but ever since i got into public office. i believe america only succeed in thrive so we have a growing middle class. that is let -- succeeds and thrives when we have a great middle class. we thrive when everybody who works hard has a chance to get ahead. they can get a job that pays the bills. they have
month since the election came to an end. it is now safe for you to turn your television is back on. all the scary political ads are off the air. you can answer your phone again. no one is calling you in the middle of dinner asking for your support. i have to admit. there is one part of the campaign i miss. it is a great excuse for me to get out of washington and comes to town like this and talk to people who work so hard every day looking out for their families and communities in just having a...
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Dec 7, 2012
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election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal sustainability, we need deficit reduction in the next 10 years of about $3 trillion. to get there, a balanced approach would be $1.4 trillion in tax revenue. half of that would come through tax reform and the other half through higher tax rates. $1.2 trillion in cuts to programs -- medicare and medicaid, social security, and other budget items -- that would leave you with approximately $400 billion in interest savings. at all of that together and you get $3 trillion. the spending cuts were implemented as part of t
election. it would be nicer to get rid of it altogether. it is anachronistic law that is a problem. it creates a great deal of uncertainty. as you can see, it can do a lot of damage to the economy. there are a lot of reasons why it is being considered to eliminate that ceiling. it should be carefully considered. at the very minimum, we should push this to the other side of the election. we do not want to address the debt ceiling on a regular basis. it is damaging confidence. on fiscal...
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Dec 4, 2012
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others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as much as 3% to 5%. it will throw another 2 million people out of work. unemployment will go to 9%. i think it is about a third that will go over the cliff. people will go there very quickly for lots of different reasons. you will see the numbers in the fourth quarter. i think the real problem is if we do not get a deal right away. that will lead to chaos. host: chaos he says. guest: i think it is a fair assessment to say there is a chance we might go off the cliff. if we do, it is not for a long cliff. i am a little more optim
others were not elected. there is a growing number he thinks he can do this, and that is why a lot of republicans have moved toward the simpson-bowles type of tax reform plan when you are lowering rates, but be able to raise revenues by broadening we will see how things move forward. host: here is the headline. there remain pessimistic about a deal that dated back on the 28. forward. here is a piece speaking in washington. [video clip] >> i think you will see economic growth slowed by as...
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Dec 5, 2012
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it takes 51% to win an election. if 51% of the people can make sure that 49% have to bear all the burdens and pay all the bills and do all the fighting, then the thore 51% can take the day off. then franklin worried about that over 200 years ago. milton friedman, passed away, by his words are still with us, i think said it well. in his free to choose statement, mr. speaker, back in 1990, he said this -- there is all the difference in the world between two kinds of assistance through government that seems superficially similar at first. one, when 90% of us agree to impose taxes on ourselves in order to help the bottom 10%. when 90% of us agree to impose taxes on ourselves so that we can help the bottom 10%. and second, milton friedman said, when 80% vote to impose taxes on the top 10% to help the bottom 10%. all the difference in the world, milton friedman said, between 90% of us choose to burden ourselves so that we can help others and when 80% decide they want to burden a different 10% so that they can help yet anot
it takes 51% to win an election. if 51% of the people can make sure that 49% have to bear all the burdens and pay all the bills and do all the fighting, then the thore 51% can take the day off. then franklin worried about that over 200 years ago. milton friedman, passed away, by his words are still with us, i think said it well. in his free to choose statement, mr. speaker, back in 1990, he said this -- there is all the difference in the world between two kinds of assistance through government...
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Dec 10, 2012
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it would take the wealth out of the election and it would make elections less expensive. it would be something you could apply to the dead or given back to the government to that 50%. it would fund some of these programs. guest: that's an idea i have not heard of but it would be an interesting proposal, especially the idea that there would open up the tax code and there are different codes in the irs of there would have to be legislative action. that could be an interesting twist to find revenue. host: our next caller is mark from san diego. good morning. go ahead, mark. caller: vision are really blame the president for all these problems because the walked into it. he's doing a good job. he does need to let him do what he does and it will be all right. host: politico as information on who benefited most. any information? guest: where bogus. what is going happen next in the future. host: speaking of profits, who is profiting on the discussion of the debt ceiling in the fiscal cliff? guest: p.r. firms, law firms, lobbyists. they're trying to make this campaign and they hav
it would take the wealth out of the election and it would make elections less expensive. it would be something you could apply to the dead or given back to the government to that 50%. it would fund some of these programs. guest: that's an idea i have not heard of but it would be an interesting proposal, especially the idea that there would open up the tax code and there are different codes in the irs of there would have to be legislative action. that could be an interesting twist to find...
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Dec 9, 2012
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after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our deficit and strengthen our economy for the long-term. the question is whether we can do it in a responsible way that allows us to keep investing in the things that have always made america strong. i'm convinced we can. and if both sides are willing to compromise, i believe we can give businesses and families a sense of security going into the new year. thanks, and have a great weekend. >> hello, i'm marco rubio. i have the honor of representing florida in the united states senate, and the privilege of addressing you today on behalf of my fellow republicans. our middle class has made america diff
after all, this was a central question in the election. a clear majority of americans -- democrats, republicans and independents -- agreed with a balanced approach that asks something from everyone, but a little more from those who can most afford it. it's the only way to put our economy on a sustainable path without asking even more from the middle class. and it's the only kind of plan i'm willing to sign. everyone agrees we need to bring down our deficit and strengthen our economy for the...